Low Income Apartments and Affordable Housing For Rent in Urbana, IL

Discover affordable housing in Urbana where there are 23+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Sunnycrest Man0r

1805 S Cottage Grove Ave, Urbana, Illinois 61801

switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Edge of Mall Apartments

109 W Illinois St, Urbana, Illinois 61801

payment Subsidized

Highland Green

102 East Stebbins Drive, Urbana, Illinois 61801

bed 1-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Aspen Court

1557 Hunter St, Urbana, Illinois 61802

bed 1-3
payment Subsidized

Urbana Estates

1004 S Smith Rd, Urbana, Illinois 61802

bed 1-3
payment $675-875/mo.

705 W Elm St

705 W Elm St, Urbana, Illinois 61801

bed 2
payment $895/mo.

2103 Pond St

2103 Pond St, Urbana, Illinois 61801

bed 3
payment $945/mo.

712 W Illinois St Unit 4

712 W Illinois St Unit 4, Urbana, Illinois 61801

bed 3
payment $1045/mo.

113 S Glover Ave

113 S Glover Ave, Urbana, Illinois 61802

bed 2
payment $1000/mo.

113 W McHenry St

113 W McHenry St, Urbana, Illinois 61801

bed Studio
payment $620/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

303 W Illinois St Unit 3

303 W Illinois St Unit 3, Urbana, Illinois 61801

bed 3
payment $945/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

712 W Illinois St Unit 3

712 W Illinois St Unit 3, Urbana, Illinois 61801

bed 3
payment $1045/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

1905 N Lincoln Ave

1905 N Lincoln Ave, Urbana, Illinois 61801

bed 4
payment $525/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

1905 N Lincoln Ave

1905 N Lincoln Ave, Urbana, Illinois 61801

bed 4
payment $525/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

2213 Philo Rd Unit 1

2213 Philo Rd Unit 1, Urbana, Illinois 61802

bed 2
payment $925/mo.

Prarie Green Apartments Phase I

2502 Prairie Green Dr, Urbana, Illinois 61802

switch_access_shortcut Short Wait
accessibility Accessible

Florida House

1502 E Florida Avenue, Urbana, Illinois 61802

switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

C - U Independence Apartments

610 E Kerr Ave, Urbana, Illinois 61802

switch_access_shortcut Short Wait

Rainbow Apartments

1004 S Smith Rd, Urbana, Illinois 61802

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

HOMESTEAD CRYSTAL VIEW TOWNHOMES

Broadview Ave And Lakeside, Urbana, Illinois 61801

switch_access_shortcut Short Wait

How To Identify Affordable Housing in Urbana, Illinois

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Urbana, Illinois
$19.87/hour
$5.87 (+42%) more than Illinois minimum wage and $12.62 (+174%) more than the Federal minimum wage.
Learn More About Urbana, Illinois Affordable Housing ↓

What HUD offices serve Urbana, Illinois?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Moving to Work, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV), Mainstream Voucher, Rental Assistance Demonstration (RAD), Homeownership programs for Urbana, Illinois.

Go to the Illinois Public Housing and Low-Income Apartments Waiting Lists page for openings near Urbana.

How many renters live in Urbana, Illinois?

The City of Urbana has people living in households.

There are renters living in renter households in this City. Renters make up 52.52 percent of the population living in Urbana.

What is the rental market like in Urbana, Illinois?

There are an estimated housing units in the Urbana area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Urbana, Illinois, there are 1.17 rental units.

What is the vacancy rate for rentals in Urbana?

The rental vacancy rate in Urbana is 11 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Urbana for each bedroom size?

Occupied Rental Units by Size in Urbana
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
647 3,202 4,583 1,146 1,309
Occupied Rental Units by Size in Urbana

A large number of apartments in Urbana have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Urbana

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $880 to $1,397. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $880
One BR $885
Two BR $1,049
Three BR $1,372
Four BR $1,397
2024 Fair Market Rents in Urbana, Illinois

How many units are rented at Fair Market Rent (FMR) in Urbana?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 376 58 percent
One BR 1,839 57 percent
Two BR 3,003 66 percent
Rental Units Below FMR in Urbana, Illinois

How many affordable rental units are in Urbana?

There are a variety of federal affordable housing programs serving households in Urbana, Illinois including the following:

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
Section 811 Supportive Housing for Persons with Disabilities
Tracked Units by Federal Program in Urbana, Illinois

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Urbana, Illinois

Urbana features 565 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Urbana, Illinois

There are 210 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Urbana.

Housing Choice Vouchers in Urbana, Illinois

On average, Section 8 Housing Choice vouchers pay Urbana landlords $300 per month towards rent. The average voucher holder contributes $200 towards rent in Urbana.

The maximum amount a voucher would pay on behalf of a low-income tenant in Urbana, Illinois for a two-bedroom apartment is between $944 and $1,154.

Sourced from federal housing data and AffordableHousingOnline.com research.

Email Signup
Don't Miss A Waiting List Opening